weekend lounge short term trading 23 -25th aug, page-13

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    Entry for STT thread

    MOD

    Technical pick

    MOD Resources Limited (MOD, formerly Medical Corporation
    Australasia Limited) is a mineral exploration company focusing on the
    development of the Sams Creek Gold Project in New Zealand and the Botswana
    Copper Project.

    Inverted Head and Shoulders reversal underway

    4.5/4.6c neckline resistance about to be broken. Nice volume coming in. Drill results due any day. 6c ST target with 7.2/7.3c next target then 11c. Could fly if results are positive. 1.3M buyer on Friday was a smoke signal. Watch this space.
 
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